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14 2.18 to 2.23.2019 Investment M anaus, AM–Moto Honda announced investments of R$ 500 million in its Manaus, AM, plant on Tuesday 19th. The funds will be used over a three-year period to improve its productive processes, and also to put up a new building and the repositioning of some production lines. “We need to be ever more competitive and, without new investments, this would not be feasible”, said Issao Mizoguchi, president of Honda in Brazil. “Production costs go up every year and we cannot fully pass them on to the consumer. This investment will allow us to absorb part of this increase”. According to Mizoguchi, “this investment reiterates that Honda believes in the recovery of the market, which started last year and in the economic stability of the country”. Honda invests R$ 500 million in Manaus Caio Bednarski | caio@autodata.com.br Photo: Publicity.